Month: June 2024

Resurgent US Dollar Batters Asian Currencies | Bloomberg: The China Show 6/27/2024

“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and…

UBS Creates New Wealth Unit Tying Together Offerings

UBS is reorganizing its global wealth management arm, creating a new unit — dubbed GWM Solutions — that will bring…

Starmer Denies Sunak Win in UK Election Debate, Yen Weakens to 1986 Low | Daybreak: Europe 06/27/24

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…

US, China Will Remain Systemic Rivals, Ambassador Burns Says

Washington and Beijing have "a very competitive relationship" and will remain systemic rivals but both governments are taking steps to…

H&M Reports Slump as Fast-Fashion Sales Slow

H&M reported disappointing earnings and sales at the start of its current quarter as adverse weather in key markets kept…

US Ambassador Says China Miscalculated With Europe in Backing Russia

US Ambassador to China Nicholas Burns said Beijing misjudged the impact on its relationship with Europe by providing support for Russia’s war…

Markets in 2 Minutes: Yen Intervention Is About Pace, Not Soon

Anna Edwards and Mark Cudmore break down today’s key themes for analysts and investors on "Bloomberg Markets Today." ——– More…

EU Summit: Leaders Set to Finalize Top Jobs Deal

European Union leaders are poised to nominate Ursula von der Leyen for a second term as president of the bloc’s executive arm…

Kenya’s Ruto Scraps $2.3 Billion Tax Bill After Deadly Protests

Kenyan President William Ruto said he’s withdrawn his support for a contentious tax bill and called on lawmakers to scrap it, bowing…

Indian Bonds Go Global: What it Means

Register for free to watch and submit questions: https://bloom.bg/3zlSjyF It’s a coming-of-age moment for the world’s fifth-largest economy, with India’s…